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A project has an expected cash flow of $300 in year 3.The risk-free rate is 5%,the market risk premium is 8%,and the project's beta is 1.25.Calculate the certainty equivalent cash flow for year 3,CEQ3.
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An abstract concept or idea that is used to understand and assess aspects of the physical or social world.
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Quantifiable indicators used to assess performance, attributes, or outcomes in a non-biased manner.
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